VERITY CINDY (EVP, Head of Cash Management) sold 76.2% of their position (71.49K shares) of PACIFIC MERCANTILE BANCORP on the open market

Open‑market sale worth $627.2K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

VERITY CINDY

Filed: 6/4/2021ACC: 0001562180-21-004085

InsiderVERITY CINDYCIK 1707468

→

IssuerPACIFIC MERCANTILE BANCORPCIK 1109546

Officer· EVP, Head of Cash Management

Since Oct 2018

-71.49K

Net shares

Net seller

$627.2K

Total sold

Open market trades

0B · 1S

Total transactions

71.49K acquired · 142.98K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+5.27K

Price / share

$7.10

Trade value

$37.44K

% of position

23.6%

6/3/2021

22.32K→27.59K

Common Stock

Direct

M · Option Exercise

+30K

Price / share

$6.24

Trade value

$187.20K

% of position

108.7%

6/3/2021

27.59K→57.59K

Common Stock

Direct

M · Option Exercise

+5.46K

Price / share

$6.18

Trade value

$33.77K

% of position

9.5%

6/3/2021

57.59K→63.06K

Common Stock

Direct

M · Option Exercise

+21.64K

Price / share

$6.77

Trade value

$146.52K

% of position

34.3%

6/3/2021

63.06K→84.70K

Common Stock

Direct

M · Option Exercise

+9.11K

Price / share

$8.15

Trade value

$74.25K

% of position

10.8%

6/3/2021

84.70K→93.81K

Common Stock

Direct

S · Sale

−71.49K

Price / share

$8.77

Trade value

$627.17K

% of position

76.2%

6/3/2021

93.81K→22.32K

Total

Net shares

+0.00

Net value

-$148K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/3/2021	M · Option Exercise	+5.27K	$7.10	$37.44K	23.6%	22.32K	27.59K
Common Stock Direct	6/3/2021	M · Option Exercise	+30K	$6.24	$187.20K	108.7%	27.59K	57.59K
Common Stock Direct	6/3/2021	M · Option Exercise	+5.46K	$6.18	$33.77K	9.5%	57.59K	63.06K
Common Stock Direct	6/3/2021	M · Option Exercise	+21.64K	$6.77	$146.52K	34.3%	63.06K	84.70K
Common Stock Direct	6/3/2021	M · Option Exercise	+9.11K	$8.15	$74.25K	10.8%	84.70K	93.81K
Common Stock Direct	6/3/2021	S · Sale	−71.49K	$8.77	$627.17K	76.2%	93.81K	22.32K
Total			+0.00		-$148K

Derivative Transactions5

Common Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

9.11K shares

−9.11K

Strike price

8.15

Held after

62.38K

Exercisable

—

6/3/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.27K shares

−5.27K

Strike price

7.10

Held after

57.11K

Exercisable

—

6/3/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

21.64K shares

−21.64K

Strike price

6.77

Held after

35.46K

Exercisable

—

6/3/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

30K shares

−30K

Strike price

6.24

Held after

5.46K

Exercisable

—

6/3/2021

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.46K shares

−5.46K

Strike price

6.18

Held after

0.00

Exercisable

—

6/3/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Common Stock Option Direct	Common Stock9.11K shares	6/3/2021	M · Option Exercise	−9.11K	8.15	—	62.38K
Stock Options (Right to buy) Direct	Common Stock5.27K shares	6/3/2021	M · Option Exercise	−5.27K	7.10	—	57.11K
Stock Options (Right to buy) Direct	Common Stock21.64K shares	6/3/2021	M · Option Exercise	−21.64K	6.77	—	35.46K
Stock Options (Right to buy) Direct	Common Stock30K shares	6/3/2021	M · Option Exercise	−30K	6.24	—	5.46K
Stock Options (Right to buy) Direct	Common Stock5.46K shares	6/3/2021	M · Option Exercise	−5.46K	6.18	—	0.00